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Canadian Solar Inks 500 MW Module Supply Deal For Two Projects In Spain

(Canadian Solar, 6.Jun.2019) — Canadian Solar
Inc. signed a module contract with the global solar power company Solarcentury
to supply 500 MW modules to Solarcentury’s two projects ‘Cabrera’ (200 MW) and
‘Talayuela Solar’ (300 MW) in Spain.

The construction for the 200 MW Cabrera project
is scheduled to begin in the summer of 2019 in Alcalá de Guadaira, the Spanish
region of Seville and it is expected to be connected to the grid in 2020.
Once operational, the plant will produce enough electricity to power 105,000
households in the region.

The 300 MW Talayuela Solar project is scheduled
to start construction later in 2019 in the Extremadura region of Talayuela in Spain
and will be connected to the grid in 2020. It is expected to be one of the
largest solar power plants in Europe, which will produce enough electricity to
meet the needs of more than 150,000 homes.

A total of approximately 1.4 million Canadian
Solar’s high efficiency CS3U-P KuMax Modules will be used for both projects.
This 144-cell polycrystalline module is the best solution for these two large-scale
projects, as it offers industry-leading cell technology and low power loss in
cell connections, which are the key factors for the success of the projects.

Dr. Shawn Qu, Chairman of Canadian Solar,
commented, “We are very proud to partner with Solarcentury in one of the
largest solar power projects in Europe, which is set to be built without
subsidy in the country. This partnership further expands our presence and
competitive position in this region.”

Steven Taylor, Global Operations Director of
Solarcentury said, “Solarcentury’s purpose is to make a meaningful difference
in the fight against climate chaos. Due to the sheer quantity of renewable
electricity these subsidy-free projects will generate, they are a highly
significant milestone in realizing our vision. With Canadian Solar we have a
bankable and industry-proven partner with high quality standards, which is
essential for all our solar projects be they large or small.”